Lease Purchase Ad - Posted by Scott B

Posted by bob(ma) on August 19, 2002 at 10:38:39:

RENT TO OWN!!!
$800 PER MONTH WITH (25% or WHATEVER RENT CREDIT YOU WANT TO GIVE) CREDITED TO THE PURCHASE. 3 Bedroom, 2 bath, call 123-4567.

Hope this helps.
Bob

Lease Purchase Ad - Posted by Scott B

Posted by Scott B on August 19, 2002 at 05:53:23:

Are these numbers to high?

Found a seller that was moving out of state and had a house listed for sale through a local realtor. The asking price is 75K and from the comps I pulled those numbers sound about right. The rents in the area average from 600 to 700 for similar homes in the area.
Am I way off asking $800/mo rent with a $3000 option price and selling price of 85k?

Also does any one have a killer ad they run for lease options to get alot of tenant buyers?

thanx in advance,
Scott

Negotiate! - Posted by DB

Posted by DB on August 19, 2002 at 13:53:16:

Scott,

Why not try to sign it up for $75K?? After all, that is what the seller is looking to get. You, never know until you ask. Remember you can always go up on price, NEVER down!

HTH,

dave